| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 6 | |
| Report ofthe Independent | Auditors | 7 | to | 9 |
| Statement ofFinancial Activities | 10 | |||
| Balance Sheet | 11 | to | 12 | |
| Notes to the Financial Statements | 13 | to | 21 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| INCOME AND ENDOWMENTS | FROM | Notes | funds f |
funds f |
funds f |
fundsf | ||
| Donations and legacies |
2 | 40,408 | 40,408 | 77,152 | ||||
| Charitable activities |
||||||||
| HYPE HIP Building Improvement Community Development Community Centre |
Project | 10,112 | 27,696 3,244 |
27,696 3,244 10,1i2 |
33,712 20,000 46,282 9, 128 |
|||
| Other trading activities | 3 | 16,384 | 16,384 | 16,512 | ||||
| Total | 66,904 | 30,940 | 97,844 | 202,786 | ||||
| EXPENDITURE ON | ||||||||
| Raising funds | ||||||||
| Other trading activities | 5 | 18,378 | 18,378 | 15,189 | ||||
| 18,378 | 18,378 | 15,189 | ||||||
| Charitable activities |
||||||||
| HYPE Core Transforming your space |
51,090 | 31,511 161 |
31,511 51,090 161 |
33,002 5,038 161 |
||||
| HIP Building Improvement Community Development Community Centre |
Project | 7,406 | 2,000 22,134 |
2,000 22,134 7,406 |
20,000 40,137 6,855 |
|||
| Total | 76,874 | 55,806 | 132,680 | 120,382 | ||||
| NET INCOME/(EXPENDITURE) | (9,970) | (24,866) | (34,836) | 82,404 | ||||
| RECONCILIATION OF FUNDS |
||||||||
| Total funds brought forward |
137,909 | 35,044 | 172,953 | 90,549 | ||||
| TOTAL FUNDS CARRIED | FORWARD | 127,939 | 10,178 | 138,117 | 172,953 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| FIXEDASSETS | Notes | 8 | 8 | |||
| Tangible assets | 11 | 38,451 | 9,602 | 48,053 | 52,661 | |
| CURRENT ASSETS | ||||||
| Debtors Cash at bank and in hand |
12 | 6,298 90,390 |
576 | 6,298 90,966 |
4,232 120,519 |
|
| 96,688 | 576 | 97,264 | 124,751 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 13 | (7,200) | (7,200) | (4,459) | |
| NET CURRENT ASSETS | 89,488 | 576 | 90,064 | 120,292 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 127,939 | 10,178 | 138,117 | 172,953 | ||
| NET ASSETS | 127,939 | 10,178 | 138,117 | 172,953 | ||
| FUNDS | 14 | |||||
| Unrestricted funds Restricted funds |
127,939 10,178 |
137,909 35,044 |
||||
| TOTAL FUNDS | 138,117 | 172,953 |
| Freehold | property | 2%on cost | |
|---|---|---|---|
| Tool library | 33%on cost | ||
| Fixtures | and fittings | 50%on cost and 20%on reducing | balance |
| Computer | equipment | 33%on cost |
| DONATIONS AND LEG |
ACIES | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f. | |||||
| Donations | 250 | 750 | |||
| Employment allowance Subscriptions |
3,760 | 3,769 ll |
|||
| Government grants |
36,398 | 72,622 | |||
| 40,408 | 77,152 | ||||
| OTHER TRADING ACTIVITIES | |||||
| Training and Enterprise |
2022 16,384 |
2071f 16,512 |
|||
| INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | ||||
| Activity | 6 | ||||
| Open Access Youth | |||||
| Provision Other BBCChildren in Need Catalyst Stockton-on-Tees Other Annex Refurbishment Other Catalyst Stockton-on-Tees National Lottery Fund- |
HYPE HYPE HYPE HYPE HIP Building Improvement HIP Building Improvement Community Development Community Development |
Project Project |
6,960 250 20,486 2,259 985 |
6,960 840 22,632 3,280 2,000 18,000 1,038 2,225 |
|
| Friends Together Wherever National Lottery Community |
Community | Development | 7,205 | ||
| Fund - COVID 19Support National Lotteiy Fund- |
Community | Development | 8,567 | ||
| Fusion Project Community Centre room hire |
Community Community |
Development Centre |
10,112 | 27,247 9,128 |
|
| 41,052 | 109,122 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| f. | |||||||
| Staffcosts | 11,697 | 12,378 | |||||
| Property overheads | 4,501 | 1,174 | |||||
| Administration | costs | 1,805 | 1,262 | ||||
| Depreciation | 375 | 375 | |||||
| 18,378 | 15,189 | ||||||
| CHARITABLE | ACTIVITIES COSTS | ||||||
| Direct | Support | ||||||
| Costs | cost's | Totals | |||||
| HYPE | 31,511 | 31,511 | |||||
| Core | 48,212 | 2,878 | 51,090 | ||||
| Transforming | your space | 161 | 161 | ||||
| HIP Building | Improvement | Project | 2,000 | 2,000 | |||
| Community | Development | 22,134 | 22,134 | ||||
| Community | Centre | 7,319 | 87 | 7,406 | |||
| 111,337 | 2,965 | 114,302 | |||||
| These are made up as follows: | |||||||
| Staffcosts | 59,965 | 59,965 | |||||
| Professional | fees | ||||||
| Properly overheads | 8,134 | 8,134 | |||||
| Administration | costs | 1,363 | 975 | 2,338 | |||
| project costs | 7,221 | 7,221 | |||||
| Repairs & maintenance | 30,422 | 30,422 | |||||
| Depreciation | 4232 | 4,232 | |||||
| Audit fees | 1,990 | 1,990 | |||||
| 111,337 | 2,965 | 114,302 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f. | |||||
| Auditors | remuneration | 1,990 | 1,975 | ||
| Depreciation | —owned | assets | 4,608 | 4,727 |
| There were no truste STAFFCOSTS |
es' expenses p |
aid for | the year ended 31 March 2022 nor fo | r the year ended | 31 March 20 |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Wages and salaries | 66,013 | 64,641 | |||
| Social security costs | 3,779 | 3,770 | |||
| Other pension costs | 1,870 | 1,871 | |||
| 71,662 | 70,282 | ||||
| The average monthly |
number ofemployees | during the year was as follows: | |||
| 2022 | 2021 | ||||
| Direct Charitable Activities |
7 | 7 | |||
| Management and Administration |
2 | 2 | |||
| 9 | |||||
| No employees received emoluments |
in excess of%60,000. | ||||
| INTANGIBLE FIXEDASSETS | |||||
| Computer | |||||
| software | |||||
| 8 | |||||
| COST | |||||
| At 1 April 2021 and 31 March 2022 |
8,603 | ||||
| AMORTISATION | |||||
| At I April 2021 and 31 March 2022 | 8,603 | ||||
| NET BOOK VALUE | |||||
| At 31 March 2022 | |||||
| At 31 March 2021 |
| 11 | . TANGIBLE FIXE |
DASSETS | |||||
|---|---|---|---|---|---|---|---|
| Fixtures | |||||||
| Freehold | Tool | and | Computer | ||||
| property | library | fittings | equipment | Totals | |||
| COST | |||||||
| At I Apri1 2021 and | |||||||
| 31 March 2022 | 57,796 | 5,006 | 29,707 | 21,605 | 114,114 | ||
| DEPRECIATION | |||||||
| At I April 2021 Charge for year |
13,929 442 |
5,006 | 27,207 500 |
15,311 3,666 |
61,453 4,608 |
||
| At 31March 2022 | 14,371 | 5,006 | 27,707 | 18,977 | 66,061 | ||
| NET BOOK VALUE | |||||||
| At 31 March 2022 | 43,425 | 2,000 | 2,628 | 48,053 | |||
| At 31March 2021 | 43,867 | 2,500 | 6,294 | 52,661 | |||
| 12. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | ||||||
| Trade debtors Prepayments and accrued income |
5,423 875 |
2,625 1,607 |
|||||
| 6,298 | 4,232 | ||||||
| 13. | CREDITORS: AMOUNTS FALI | ING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | ||||||
| Trade creditors Other creditors Accruals and deferred |
income | 317 2,000 4,883 |
f. 139 4,320 |
||||
| 7400 | 4,459 |
| MOVEMENT IN FUN | D | S | ||||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At I/4/21 | in funds | 31/3/22 | ||||
| E | ||||||
| Unrestricted funds |
||||||
| General funds | 93,585 | (22,677) | 70,908 | |||
| Community Centre funds |
44,324 | 12,707 | 57,031 | |||
| 137,909 | (9,970) | 127,939 | ||||
| Restricted funds |
||||||
| Stockton Borough Council; | NOF funding- | |||||
| Transforming your space |
5,622 | (161) | 5,461 | |||
| BBCChildren in Need |
2,770 | (2,198) | 572 | |||
| National Lottery Fund - Friends |
Together | |||||
| Wherever | 6,553 | (4,362) | 2,191 | |||
| Catalyst Stockton-on-Tees | 533 | (399) | 134 | |||
| National Lottery Fund - Fusion Project |
15,066 | (15,065) | I | |||
| Comic Relief Community | Fund; | Chill Zone | 1,576 | (315) | 1,261 | |
| UK Youth Fund; Chill Zone | 924 | (366) | 558 | |||
| William Webster Charitable | Trust - roof | |||||
| repairs | 2,000 | (2,000) | ||||
| 35,044 | (24,866) | 10,178 | ||||
| TOTAL FUNDS | 172,953 | (34,836) | 138,117 | |||
| Net movement in funds, included |
in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General funds | 46,791 | (69,468) | (22,677) | |||
| Community Centre funds |
20,113 | (7,406) | 12,707 | |||
| 66,904 | (76,874) | (9,970) | ||||
| Restricted funds | ||||||
| Stockton Borough Council; | NOF | funding- | ||||
| Transforming your space |
(161) | (161) | ||||
| BBCChildren in Need |
20,486 | (22,684) | (2,198) | |||
| National Lottery Fund - Friends Together |
||||||
| Wherever | (4,362) | (4,362) | ||||
| Catalyst Stockton-on-Tees | 985 | (1,384) | (399) | |||
| Open Access Youth Provision | 6,960 | (6,960) | ||||
| Keyfund | 250 | (250) | ||||
| National Lottery Fund - Fusion Project |
(15,065) | (15,065) | ||||
| Comic Relief Community | Fund; Chill Zone | 259 | (574) | (315) | ||
| UK Youth Fund; Chill Zone | (366) | (366) | ||||
| William Webster Charitable | Trust | - roof | ||||
| repairs | (2,000) | (2,000) | ||||
| Albert Hunt Trust | 2,000 | (2,000) | ||||
| 30,940 | (55,806) | (24,866) | ||||
| TOTAL FUNDS | 97,844 | (132,680) | (34,836) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/4/20 | in funds | 31/3/21 | ||
| Unrestricted funds |
||||
| General funds Community Centre funds |
40,751 21,448 |
52,834 22,876 |
93,585 44,324 |
|
| Restricted funds |
62,199 | 75,710 | 137,909 | |
| Stockton Borough Council; | NOF funding- | |||
| Transforming your space BBCChildren in Need National Lottery Fund - Friends Together |
5,783 | (161) 2,770 |
5,622 2,770 |
|
| Wherever Catalyst Stockton-on-Tees |
6,553 533 |
6,553 533 |
||
| National Lottery Fund - Fusion Project Comic Relief Community Fund; Chill Zone UK Youth Fund; Chill Zone Annexe Refurbishment William Webster Charitable Trust - roof |
16,020 1,297 3,250 2,000 |
(954) 279 (2,326) (2,000) |
15,066 1,576 924 |
|
| repairs | 2,000 | 2,000 | ||
| 28,350 | 6,694 | 35,044 | ||
| TOTAL FUNDS | 90,549 | 82,404 | 172,953 |